New Zealand Official Cash Rate (OCR)
New Zealand Official Cash Rate (OCR) is 2.75 percent, in force since 2 Sep 2026, cited to Reserve Bank of New Zealand – Te Pūtea Matua, Monetary Policy Statement media release. It was 2.5 percent before that. Last checked against the official source on 27 Oct 2026.
Official source: Reserve Bank of New Zealand – Te Pūtea Matua, Monetary Policy Statement media release published 02 September · Last checked 2026-10-27 · source fingerprint
The Reserve Bank of New Zealand's policy interest rate, set by the Monetary Policy Committee under the Reserve Bank of New Zealand Act 2021 and the Monetary Policy Remit.
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| Current value | 2.75 percent |
|---|---|
| In force from | 2026-09-02 |
| Official source | Reserve Bank of New Zealand – Te Pūtea Matua, Monetary Policy Statement media release published 02 September 2026, title 'OCR increased by 25 basis points to 2.75%'. The official cash rate page, last updated 27 October 2026, shows Official Cash Rate 2.75%, updated 2:00pm 02 Sep 2026, next update 2:00pm 28 Oct 2026. |
| Last verified | 2026-10-27 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
RBNZ news feed XML item pubDate Wed 02 Sep 2026. HTML decision page 403 to automation. Prior OCR 2.50% (8 Jul 2026). RECONFIRMED 2026-10-27: reconfirm. No OCR decision on or before 2026-10-27. Official cash rate page last updated 27 October 2026: 'Official Cash Rate 2.75 % Updated: 2:00pm, 02 Sep 2026 Next update: 2:00pm, 28 Oct 2026'; upcoming announcement '28 October - Monetary Policy Review'. Past decisions page last updated 02 September 2026 lists '2 September 2026' OCR '2.75' as the latest row. News RSS item title 'OCR increased by 25 basis points to 2.75%' pubDate 'Wed, 02 Sep 2026 00:00:00 +1200'; no later OCR item (newest feed item 19 Oct 2026). B2 wholesale interest rates page released 27 October 2026, next release 28 October 2026, latest printed row '23 Oct 2026' Official Cash Rate (OCR) '2.75'.
Earlier values
| From | Value | Source |
|---|---|---|
| 2026-07-09 | 2.5 | Reserve Bank of New Zealand (Te Putea Matua), Monetary… |
| 2025-11-27 | 2.25 | RBNZ Monetary Policy Statement, 26 November 2025 |
| 2025-10-09 | 2.5 | RBNZ Monetary Policy Review, 8 October 2025 |
| 2025-08-21 | 3 | RBNZ Monetary Policy Statement, 20 August 2025 |
| 2025-05-29 | 3.25 | RBNZ Monetary Policy Statement, 28 May 2025 |
| 2025-04-10 | 3.5 | RBNZ Monetary Policy Review, 9 April 2025 |
| 2025-02-20 | 3.75 | Bank for International Settlements - Central Bank Policy… |
| 2024-11-28 | 4.25 | Bank for International Settlements - Central Bank Policy… |
| 2024-10-10 | 4.75 | Bank for International Settlements - Central Bank Policy… |
| 2024-08-15 | 5.25 | Bank for International Settlements - Central Bank Policy… |
| 2023-05-25 | 5.5 | Bank for International Settlements - Central Bank Policy… |
| 2023-04-06 | 5.25 | Bank for International Settlements - Central Bank Policy… |
Get it programmatically
curl https://ausref.dev/v1/nz/policy-rate
# $0.003 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://ausref.dev/v1/nz/policy-rate/history?from=2020-01-01
# Provenance: curl https://ausref.dev/provenance/nz/policy-rateEmail me when this changes
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Other New Zealand series: Interest on money claims (prescribed rate) · Goods and Services Tax (GST) · VAT registration threshold · Adult minimum wage · Public holidays · Consumers price index · Company income tax rate · Withholding tax rates · Personal income tax rates · Statutory social-insurance contributions · Tax filing deadlines
The same figure elsewhere: Papua New Guinea · Samoa · Solomon Islands · Tonga · Vanuatu · all 8